REFORMED THEOLOGICAL SEMINARY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- REFORMED THEOLOGICAL SEMINARY (EIN 64-0428676)
- Tax period
- 2020-06-01 to 2021-05-31
- Filed
- 2022-03-17
- IRS object ID
- 202220769349300527
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-03-17T14:27:29-05:00 | ReturnTs |
| Tax Period End | 2021-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3667 | AddressLine1Txt |
| City | LITTLE ROCK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 722033667 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640428676 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REFORMED THEOLOGICAL SEMINARY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CHRIS DIGHTON | InCareOfNm |
| Business Name Control | REFO | BusinessNameControlTxt |
| Phone | 6019231600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5422 CLINTON BLVD | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39209 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS E BAKER | PersonNm |
| Person Title | CHIEF OF STAFF | PersonTitleTxt |
| Phone | 6019231600 | PhoneNum |
| Signature | 2022-04-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DOUGLAS E | PersonFirstNm |
| Person Last | BAKER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 000000000 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Amber Sherrill CPA | PreparerPersonNm |
| PTIN | P00748683 | PTIN |
| Phone | 5013721040 | PhoneNum |
| Preparation | 2022-04-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | J LIGON DUNCAN III | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5422 CLINTON BLVD | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $50,076,639 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | RTS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1964 | FormationYr |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE LEADERS FOR THE CHURCH WITH A MIND FOR TRUTH AND A HEART FOR GOD THROUGH A PROGRAM OF GRADUATE THEOLOGICAL EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 322 | TotalEmployeeCnt |
| Total Volunteers | 17 | TotalVolunteersCnt |
| Total Gross UBI | -$128,922 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $8,386,434 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,680,692 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $11,154,176 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $13,111,573 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,770,039 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,733,592 | CYInvestmentIncomeAmt |
| PY Other Revenue | $451,393 | PYOtherRevenueAmt |
| CY Other Revenue | $283,838 | CYOtherRevenueAmt |
| PY Total Revenue | $26,762,042 | PYTotalRevenueAmt |
| CY Total Revenue | $28,809,695 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,616,660 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,539,423 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,195,897 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,003,777 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,445,626 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,249,220 | PYOtherExpensesAmt |
| CY Other Expenses | $6,239,174 | CYOtherExpensesAmt |
| PY Total Expenses | $23,061,777 | PYTotalExpensesAmt |
| CY Total Expenses | $23,782,374 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,700,265 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,027,321 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $103,910,846 | TotalAssetsBOYAmt |
| Total Assets EOY | $126,127,780 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,582,470 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,660,101 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $99,328,376 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $122,467,679 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | REFORMED THEOLOGICAL SEMINARY (RTS) EXISTS TO GLORIFY THE TRIUNE GOD AND TO SERVE HIS CHURCH IN ALL BRANCHES OF EVANGELICAL CHRISTIANITY, ESPECIALLY PRESBYTERIAN AND REFORMED CHURCHES, BY PROVIDING REFORMED GRADUATE THEOLOGICAL EDUCATION THAT IS GLOBALLY ACCESSIBLE. REFORMED THEOLOGICAL SEMINARY EQUIPS ITS STUDENTS FOR MINISTRY, PRIMARILY THROUGH PASTORAL TRAINING, TO BE SERVANT LEADERS MARKED BY "A MIND FOR TRUTH. A HEART FOR GOD". | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $18,015,003 | ExpenseAmt |
| Grant | $5,539,423 | GrantAmt |
| Revenue | $13,192,670 | RevenueAmt |
| Desc | THE SEMINARY SERVES APPROXIMATELY 1,800 STUDENTS THROUGH CAMPUSES I JACKSON, MS, ORLANDO, FL, CHARLOTTE, NC, METRO WASHINGTON, DC, ATLANTA, GA, HOUSTON, TX, DALLAS, TX, NEW YORK, NY, DISTANCE EDUCATION PROGRAMS, AND AN EXTENSION SITE IN SAO PAULO, BRAZIL. IN ADDITION, THE SEMINARY IS ENHANCING REFORMED THEOLOGY CURRICULUM WITH ORGANIZATIONS IN INDONESIA. STUDENTS AT RTS ARE ENROLLED IN THE FOLLOWING ACADEMIC DEGREE PROGRAMS: MASTER OF DIVINITY, MASTER OF ARTS (THEOLOGICAL STUDIES), MASTER OF ARTS (BIBLICAL STUDIES), MASTER OF ARTS (RELIGION), MASTER OF ARTS IN COUNSELING, MASTER OF ARTS IN CHRISTIAN COUNSELING, AND DOCTOR OF MINISTRY. | Desc |
| Total Program Service Expenses | $18,015,003 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 169 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 322 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | Yes (true) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 1 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form1098 C Filed | Yes (true) | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRIS DIGHTON | PersonNm |
| Phone | 6019231600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5422 CLINTON BLVD | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| J LIGON DUNCAN III | ||||||||
| CHANCELLOR/CEO | 40.0 | 1.0 | Yes (X) | $292,345 | $0 | $49,993 | ||
| JAMES L HARVEY | ||||||||
| EXECUTIVE DIRECTOR - NYC | 40.0 | 0.0 | $200,449 | $0 | $37,438 | Yes (X) | ||
| MICHAEL J KRUGER | ||||||||
| PRESIDENT - CHARLOTTE | 40.0 | 0.0 | $149,990 | $0 | $32,996 | Yes (X) | ||
| ROBERT J CARA | ||||||||
| PROVOST/CAO | 40.0 | 1.0 | Yes (X) | $146,730 | $0 | $34,362 | ||
| E BRADLEY TISDALE | ||||||||
| CHIEF OPERATIONS AND FINANCIAL | 40.0 | 1.0 | Yes (X) | $136,095 | $0 | $39,338 | ||
| JOHN S REDD JR | ||||||||
| PRESIDENT - WASHINGTON | 40.0 | 0.0 | $142,311 | $0 | $31,855 | Yes (X) | ||
| SCOTT R SWAIN | ||||||||
| PRESIDENT - ORLANDO | 40.0 | 0.0 | $140,372 | $0 | $32,948 | Yes (X) | ||
| MATTHEW BRYANT | ||||||||
| SENIOR VP - DEVELOPMENT | 40.0 | 1.0 | $125,277 | $0 | $36,912 | Yes (X) | ||
| PAULINE M STONE | ||||||||
| CHIEF INSTITUTIONAL ASSESSMENT | 25.0 | 0.0 | Yes (X) | $40,650 | $0 | $4,545 | ||
| RICHARD L RIDGWAY | ||||||||
| CHAIRMAN | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| COLLIE W LEHN | ||||||||
| VICE-CHAIRMAN | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| RODERICK S RUSS III | ||||||||
| SECRETARY | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| PAUL HURST III | ||||||||
| TRUSTEE | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| BF BRACY | ||||||||
| TRUSTEE | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| DAVID H LUCAS | ||||||||
| TRUSTEE | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| J SCOTT REDD SR | ||||||||
| TRUSTEE | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| JAMES L MOORE | ||||||||
| TRUSTEE | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| GEORGE R FAIR | ||||||||
| TRUSTEE | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| WILLIAM M MOUNGER II | ||||||||
| TRUSTEE | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| LARRY W EDWARDS | ||||||||
| TRUSTEE | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| V HU MEENA | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| SCOTT MACLELLAN | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| CHARLES L IRBY SR | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| ROBERT T CURTIS | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| T DAVID ELKIN | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| BENJAMIN W ROBERSON | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| WARREN J WILLIAMSON JR | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,374,219 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $300,387 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 13 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SHI INTERNATIONAL CORPORATION | |||||
| PO BOX 952121 | DALLAS | TX | 753952121 | INFORMATION SERVICES | $153,276 |
| PENDLETON SECURITY | |||||
| PO BOX 14005 | JACKSON | MS | 39236 | SECURITY | $152,177 |
| JENZABAR INC | |||||
| 101 HUNTINGTON AVE | BOSTON | MA | 02199 | SOFTWARE PROVIDER | $120,212 |
| HEDERMAN BROTHERS | |||||
| PO BOX 1036 | MADISON | MS | 39130 | PRINTING SERVICES | $110,658 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $67,436 | FundraisingAmt |
| Related Organizations | $73,500 | RelatedOrganizationsAmt |
| All Other Contributions | $10,539,756 | AllOtherContributionsAmt |
| Noncash Contributions | $212,472 | NoncashContributionsAmt |
| Total Contributions | $10,680,692 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and Fees | 611600 | $12,965,253 | $12,965,253 |
| COUNSELING CLINIC INCOME | 624190 | $86,161 | $86,161 |
| FINANCE CHARGES | 611600 | $36,951 | $36,951 |
| STUDENT CLINIC FEES | 621111 | $14,240 | $14,240 |
| LIBRARY FINES | 611600 | $1,099 | $1,099 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,869 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,869 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $13,111,573 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $822,238 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$128,922 | UnrelatedBusinessRevenueAmt |
| Exclusion | $951,160 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $753,282 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $422,518 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $330,764 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $330,764 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $81,097 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $249,667 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,732,447 | SecuritiesAmt |
| Other | $1,817,332 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,882,281 | SecuritiesAmt |
| Other | $756,144 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,850,166 | SecuritiesAmt |
| Other | $1,061,188 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,911,354 | TotalRevenueColumnAmt |
| Exclusion | $3,911,354 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $67,436 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $10,652 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$10,652 | TotalRevenueColumnAmt |
| Exclusion | -$10,652 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $159,075 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $195,349 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$36,274 | TotalRevenueColumnAmt |
| Exclusion | -$36,274 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,809,695 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,192,670 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$128,922 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,065,255 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,492,244 | TotalAmt |
| Program Services | $5,492,244 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,179 | TotalAmt |
| Program Services | $47,179 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $705,158 | TotalAmt |
| Program Services | $310,825 | ProgramServicesAmt |
| Management And General | $282,647 | ManagementAndGeneralAmt |
| Fundraising | $111,686 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,859,277 | TotalAmt |
| Program Services | $6,377,515 | ProgramServicesAmt |
| Management And General | $1,513,312 | ManagementAndGeneralAmt |
| Fundraising | $968,450 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $689,050 | TotalAmt |
| Program Services | $429,473 | ProgramServicesAmt |
| Management And General | $211,750 | ManagementAndGeneralAmt |
| Fundraising | $47,827 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,130,756 | TotalAmt |
| Program Services | $748,544 | ProgramServicesAmt |
| Management And General | $320,652 | ManagementAndGeneralAmt |
| Fundraising | $61,560 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $619,536 | TotalAmt |
| Program Services | $379,061 | ProgramServicesAmt |
| Management And General | $194,672 | ManagementAndGeneralAmt |
| Fundraising | $45,803 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,628 | TotalAmt |
| Management And General | $11,989 | ManagementAndGeneralAmt |
| Fundraising | $6,639 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,832 | TotalAmt |
| Management And General | $80,832 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,303 | TotalAmt |
| Management And General | $274,303 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $717,553 | TotalAmt |
| Program Services | $353,319 | ProgramServicesAmt |
| Management And General | $297,943 | ManagementAndGeneralAmt |
| Fundraising | $66,291 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,064 | TotalAmt |
| Program Services | $5,432 | ProgramServicesAmt |
| Management And General | $36,632 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $522,346 | TotalAmt |
| Program Services | $254,084 | ProgramServicesAmt |
| Management And General | $188,258 | ManagementAndGeneralAmt |
| Fundraising | $80,004 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $614,873 | TotalAmt |
| Program Services | $498,858 | ProgramServicesAmt |
| Management And General | $116,015 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,119,135 | TotalAmt |
| Program Services | $920,431 | ProgramServicesAmt |
| Management And General | $198,704 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,229 | TotalAmt |
| Program Services | $162,502 | ProgramServicesAmt |
| Management And General | $75,155 | ManagementAndGeneralAmt |
| Fundraising | $24,572 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,071 | TotalAmt |
| Program Services | $32,781 | ProgramServicesAmt |
| Management And General | $10,968 | ManagementAndGeneralAmt |
| Fundraising | $9,322 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,217 | TotalAmt |
| Management And General | $8,217 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,022 | TotalAmt |
| Fundraising | $8,022 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,371,653 | TotalAmt |
| Program Services | $1,126,710 | ProgramServicesAmt |
| Management And General | $244,943 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,785 | TotalAmt |
| Program Services | $127,635 | ProgramServicesAmt |
| Management And General | $37,150 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| REPAIRS AND MAINTENANCE | $455,231 | $298,146 | $157,085 | |
| DUES AND SUBSCRIPTIONS | $67,394 | $46,236 | $19,857 | $1,301 |
| PERSONNEL DEVELOPMENT | $61,815 | $51,702 | $10,113 | |
| BAD DEBT EXPENSE | $28,369 | $28,369 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $368,654 | TotalAmt |
| Program Services | $352,326 | ProgramServicesAmt |
| Management And General | $2,179 | ManagementAndGeneralAmt |
| Fundraising | $14,149 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,782,374 | TotalAmt |
| Program Services | $18,015,003 | ProgramServicesAmt |
| Management And General | $4,321,745 | ManagementAndGeneralAmt |
| Fundraising | $1,445,626 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,715,869 | BOYAmt |
| EOY | $1,332,905 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $169,118 | BOYAmt |
| EOY | $577,825 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $553,603 | BOYAmt |
| EOY | $1,203,625 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $360,021 | BOYAmt |
| EOY | $410,767 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,691,268 | BOYAmt |
| EOY | $1,690,268 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,050 | BOYAmt |
| EOY | $142,236 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $309,262 | BOYAmt |
| EOY | $313,108 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $48,448,790 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $30,225,945 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,658,047 | BOYAmt |
| EOY | $18,222,845 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,515,507 | BOYAmt |
| EOY | $54,351,466 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,005,785 | BOYAmt |
| EOY | $44,574,304 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,796,316 | BOYAmt |
| EOY | $3,308,431 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,910,846 | BOYAmt |
| EOY | $126,127,780 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $945,175 | BOYAmt |
| EOY | $1,555,103 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,010,419 | BOYAmt |
| EOY | $1,292,783 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,774,600 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $852,239 | BOYAmt |
| EOY | $812,215 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,582,470 | BOYAmt |
| EOY | $3,660,101 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,617,815 | BOYAmt |
| EOY | $66,636,399 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,710,561 | BOYAmt |
| EOY | $55,831,280 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,328,376 | BOYAmt |
| EOY | $122,467,679 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,910,846 | BOYAmt |
| EOY | $126,127,780 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,027,321 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $17,679,385 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $432,597 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,714,609 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,395,056 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,656,122 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,386,434 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,680,692 | CurrentTaxYearAmt |
| Total | $40,832,913 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,714,609 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,395,056 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,656,122 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,386,434 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,680,692 | CurrentTaxYearAmt |
| Total | $40,832,913 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,522,420 | SubstantialContributorsTotAmt |
| Public Support Total170 | $33,310,493 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,954,984 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,592,640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,675,346 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,871,555 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,575,520 | CurrentTaxYearAmt |
| Total | $8,670,045 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,040 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $20,040 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $145,244 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $165,093 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $215,633 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $191,470 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $717,440 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $50,240,438 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $57,445,191 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.66302 | PublicSupportCY170Pct |
| Public Support PY170 | 0.53131 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $396,250 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Art | HeldWorksArtGrp | |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $74,975,102 | BeginningYearBalanceAmt |
| Contributions | $20,437,053 | ContributionsAmt |
| Investment Earnings Or Losses | $249,217 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $69,520 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $3,657 | AdministrativeExpensesAmt |
| End Year Balance | $95,588,195 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $78,960,995 | BeginningYearBalanceAmt |
| Contributions | $1,074,561 | ContributionsAmt |
| Investment Earnings Or Losses | $219,170 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $60,955 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,214,747 | OtherExpendituresAmt |
| Administrative Expenses | $3,922 | AdministrativeExpensesAmt |
| End Year Balance | $74,975,102 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $73,353,893 | BeginningYearBalanceAmt |
| Contributions | $5,359,738 | ContributionsAmt |
| Investment Earnings Or Losses | $266,333 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $14,100 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $4,869 | AdministrativeExpensesAmt |
| End Year Balance | $78,960,995 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $64,934,577 | BeginningYearBalanceAmt |
| Contributions | $8,098,406 | ContributionsAmt |
| Investment Earnings Or Losses | $386,185 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $60,000 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $5,275 | AdministrativeExpensesAmt |
| End Year Balance | $73,353,893 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $69,160,587 | BeginningYearBalanceAmt |
| Contributions | $271,669 | ContributionsAmt |
| Investment Earnings Or Losses | $609,850 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $17,700 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,086,104 | OtherExpendituresAmt |
| Administrative Expenses | $3,725 | AdministrativeExpensesAmt |
| End Year Balance | $64,934,577 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.49000 | BoardDesignatedBalanceEOYPct |
| Term Endowment Balance EOY | 0.51000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (true) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (true) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,824,925 | OtherCostOrOtherBasisAmt |
| Book Value | $5,824,925 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,367,328 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,894,452 | DepreciationAmt |
| Book Value | $9,472,876 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $966,317 | OtherCostOrOtherBasisAmt |
| Depreciation | $226,516 | DepreciationAmt |
| Book Value | $739,801 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,474,830 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,904,767 | DepreciationAmt |
| Book Value | $1,570,063 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,815,389 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,200,209 | DepreciationAmt |
| Book Value | $615,180 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $18,222,845 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FLEXIBLE CAPITAL | $8,720,232 | F |
| EQUITY - INTERNATIONAL | $12,426,751 | F |
| EQUITY - DOMESTIC | $3,569,202 | F |
| PRIVATE EQUITY | $14,297,301 | F |
| FIXED INCOME - INTERNATIONAL | $0 | F |
| NON-PUBLIC STOCK - BANK OF CHA | $3,900 | C |
| PUBLIC REAL ASSETS | $5,556,918 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $44,574,304 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Annuity Obligations | $774,933 |
| Student Housing Deposits | $37,282 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $812,215 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $41,721,446 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $17,679,385 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$5,396,153 | OtherRevenueAmt |
| Revenue Not Reported | $12,283,232 | RevenueNotReportedAmt |
| Revenue Subtotal | $29,438,214 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$628,519 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$628,519 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $28,809,695 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $18,582,143 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $628,519 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $628,519 | ExpensesNotReportedAmt |
| Expenses Subtotal | $17,953,624 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $5,828,750 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,828,750 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $23,782,374 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART X, LINE 2 | MANAGEMENT HAS EVALUATED ITS INCOME TAX POSITIONS UNDER GUIDANCE INCLUDED IN ASC 740. BASED ON ITS REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. |
| SCHEDULE D, PART III, LINE 4 | THE SEMINARY HAS THREE TORAH SCROLLS (ONE EACH AT OUR JACKSON, ORLANDO, AND CHARLOTTE CAMPUSES) THAT ARE DISPLAYED FOR THE BENEFIT OF OUR STUDENTS AND FRIENDS OF THE SEMINARY. |
| SCHEDULE D, PART V, LINE 4 | THE ENDOWMENT FUNDS ARE USED TO FUND OPERATING EXPENSES, AWARD SCHOLARSHIPS TO STUDENTS, TAKE ADVANTAGE OF STRATEGIC OPPORTUNITIES, AND TO MAKE DISTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS. |
| Part XI, Line 2d: | Other Adjustments: Investment management fees ($274,303) change in beneficial interest in trusts $432,597 Reclass Scholarships ($5,539,423) Fund expenses not part of operations ($15,024) TOTAL TO SCHEDULE D, PART XI, LINE 2D: ($5,396,153) |
| Part XI, Line 4b: | Other Adjustments: Reclass Cost of Sales ($195,349) Reclass Rental Expenses ($422,518) Reclass direct expenses from fundraising events ($10,652) TOTAL TO SCHEDULE D, PART XI, LINE 4B: ($628,519) |
| Part XII, Line 2d: | Other Adjustments: reclass cost of sales $195,349 reclass rental expenses $422,518 reclass direct expenses from fundraising events $10,652 TOTAL TO SCHEDULE D, PART XII, LINE 2D: $628,519 |
| Part XII, Line 4b: | Other Adjustments: Investment management fees $274,303 Reclass scholarships $5,539,423 Fund expenses not part of operations $15,024 TOTAL TO SCHEDULE D, PART XII, LINE 4B: $5,828,750 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SEMINARY'S NONDISCRIMINATION POLICY IS COMMUNICATED TO THE GENERAL COMMUNITY THROUGH ITS OFFICIAL WEBSITE, WWW.RTS.EDU, AND CATALOG. |
| SCHEDULE E, PART I, LINE 6A | THE SEMINARY RECEIVED PAYMENTS FROM THE DEPARTMENT OF VETERANS AFFAIRS (GI BILL AND POST 9/11 VETERAN EDUCATION FUNDING), FROM THE DEPARTMENT OF MILITARY AFFAIRS (FLORIDA NATIONAL GUARD'S EDUCATIONAL DOLLARS FOR DUTY), FOR TUITION AND FEES RELATED TO STUDENTS THAT QUALIFY FOR THOSE BENEFITS. IN ADDITION, IN NEW YORK STATE, THE SEMINARY RECEIVES FUNDS FROM THE NEW YORK STATE OFFICE OF CHILDREN AND FAMILY SERVICES FOR TUITION AND FEES RELATED TO STUDENTS THAT QUALIFY FOR THOSE BENEFITS. IN MISSISSIPPI, THE SEMINARY RECEIVES FUNDS FROM THE MISSISSIPPI DEPARTMENT OF REHABILITATION SERVICES FOR TUITION AND FEES RELATED TO STUDENTS THAT QUALIFY FOR THOSE BENEFITS. IN FLORIDA, THE SEMINARY RECEIVES FUNDS FROM THE FLORIDA DIVISION OF BLIND SERVICES FOR TUITION AND FEES RELATED TO STUDENTS THAT QUALIFY FOR THOSE BENEFITS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt | OfficesOfficesCnt | EmployeeEmployeeCnt |
|---|---|---|---|---|---|
| Central America and the Caribbean | Investments | $9,476,456 | |||
| Sub-Saharan Africa | Grantmaking | $2,875 | SCHOLARSHIPS | ||
| East Asia and the Pacific | Grantmaking | $16,225 | SCHOLARSHIPS | ||
| Europe (Including Iceland and Greenland) | Grantmaking | $6,133 | SCHOLARSHIPS | ||
| North America | Grantmaking | $21,946 | SCHOLARSHIPS | ||
| South America | Program Services | $5,740 | INSTRUCTIONAL | 1 | 1 |
| East Asia and the Pacific | Program Services | $98,879 | INSTRUCTIONAL | 2 | 2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 3 | SubtotalOfficesCnt |
| Subtotal Employees | 3 | SubtotalEmployeesCnt |
| Total Office | 3 | TotalOfficeCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Subtotal Spent | $9,628,254 | SubtotalSpentAmt |
| Total Spent | $9,628,254 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (4 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|
| Scholarships | EAST ASIA AND THE PACIFIC | 21 | $16,225 | SCHOLARSHIP | FMV |
| Scholarships | EUROPE (INCLUDING ICELAND AND GREENLAND) | 10 | $6,133 | SCHOLARSHIP | FMV |
| Scholarships | NORTH AMERICA | 12 | $21,946 | SCHOLARSHIP | FMV |
| Scholarships | Sub-Saharan Africa | 1 | $2,875 | SCHOLARSHIP | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE F, PART I, LINE 2 | RECORDS ARE MAINTAINED SHOWING SCHOLARSHIP AWARDS TO SPECIFIC INDIVIDUALS WHO LIVE IN REGIONS OUTSIDE THE UNITED STATES. |
| Part I, Line 3: | THE SEMINARY OWNS AN INTEREST IN SIX INTERNATIONAL PRIVATE EQUITY FUNDS DOMICILED IN THE CAYMAN ISLANDS AND ONE INTERNATIONAL PRIVATE EQUITY FUND DOMICILED IN BERMUDA. DAVIDSON KEMPNER LONG-TERM DISTRESSED OPPORTUNITIES INTERNATIONAL II LP, DAVIDSON KEMPNER LONG-TERM DISTRESSED OPPORTUNITIES INTERNATIONAL III, LP, DAVIDSON KEMPNER LONG-TERM DISTRESSED OPPORTUNITIES INTERNATIONAL IV, LP, DAVIDSON KEPMNER LONG-TERM DISTRESSED OPPORTUNITIES INTERNATIONAL V, LP, DRAKE CAPITAL OFFSHORE PARTNERS LP, WELLSPRING CAPITAL PARTNERS VI, LP, AND WELLINGTON ARCHIPELAGO HOLDINGS, LTD. THE FMV OF THESE INVESTMENTS AS OF 5/31/21 WAS $9,476,456 ($410,307, $433,429, $815,716, $419,778, $3,264,873, $756,224, and $3,376,129 respectively). |
| PART IV, LINE 1: | THE SEMINARY IS FILING FORM 926 FOR THE DIRECT TRANSFER TO DAVIDSON KEMPNER LONG-TERM DISTRESSED OPPORTUNITIES INTERNATIONAL V, LP. |
| PART IV, LINE 3: | THE FILING REQUIREMENTS OF FORM 5471 WERE NOT MET BY THE SEMINARY DURING THE FISCAL YEAR ENDED 5/31/21 FOR ITS OWNERSHIP IN A FOREIGN CORPORATION. THEREFORE, FORM 5471 WAS NOT FILED BY THE SEMINARY. |
| PART IV, LINE 4: | THE SEMINARY WAS AN INDIRECT SHAREHOLDER OF A PASSIVE FOREIGN INVESTMENT COMPANY (PFIC) OR A QUALIFIED ELECTING FUND DURING THE TAX YEAR. PER THE INSTRUCTIONS TO FORM 8621, A TAX-EXEMPT ORGANIZATION THAT DOES NOT HAVE DISTRIBTUIONS SUBJECT TO UNRELATED BUSINESS INCOME TAX FROM A PFIC IS NOT REQUIRED TO FILE THE FORM. THE SEMINARY IS A TAX-EXEMPT ORGANIZATION. THERE WERE NO DISTRIBUTIONS FROM THE PFIC THAT WERE SUBJECT TO UNRELATED BUSINESS INCOME TAX. ACCORDINGLY, A FORM 8621 WAS NOT FILED THIS TAX YEAR. |
Schedule G IRS990ScheduleG
Fundraiser Activity Info FundraiserActivityInfoGrp (4 entries)
| ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd |
|---|---|
| Westfall Group | |
| Consulting | false |
| Westfall Gold | |
| Consulting | false |
| Westfall Productions | |
| Consulting | false |
| Westfall Speakers | |
| Consulting | false |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ORLANDO VISION | Event1Nm |
| Gross Receipts Event1 | $67,436 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $67,436 | CharitableContriEvent1Amt |
| Non Cash Prizes Event1 | $183 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $4,334 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $6,135 | OtherDirectExpensesEvent1Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $67,436 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $67,436 | CharitableContributionsTotAmt |
| Non Cash Prizes Total Events | $183 | NonCashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $4,334 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $6,135 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $10,652 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$10,652 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 1892 | RecipientCnt |
| Non Cash Assistance | $5,492,244 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | SCHOLARSHIPS | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIP ASSISTANCE IS APPROVED AND MONITORED FOR INDIVIDUALS THROUGH CAMPUS SCHOLARSHIP COMMITTEES WITH CONSULTING FROM INSTITUTIONAL FINANCIAL AID STAFF. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| J LIGON DUNCAN III | ||||||||||||||
| CHANCELLOR/CEO | $231,595 | $0 | $750 | $0 | $60,000 | $0 | $24,180 | $0 | $25,813 | $0 | $342,338 | $0 | $0 | $0 |
| ROBERT J CARA | ||||||||||||||
| PROVOST/CAO | $108,468 | $0 | $750 | $0 | $37,512 | $0 | $11,621 | $0 | $22,741 | $0 | $181,092 | $0 | $0 | $0 |
| E BRADLEY TISDALE | ||||||||||||||
| CHIEF OPERATIONS AND FINANCIAL | $135,345 | $0 | $750 | $0 | $0 | $0 | $14,580 | $0 | $24,758 | $0 | $175,433 | $0 | $0 | $0 |
| JAMES L HARVEY | ||||||||||||||
| EXECUTIVE DIRECTOR - NYC | $109,699 | $0 | $750 | $0 | $90,000 | $0 | $11,938 | $0 | $25,500 | $0 | $237,887 | $0 | $0 | $0 |
| MICHAEL J KRUGER | ||||||||||||||
| PRESIDENT - CHARLOTTE | $99,240 | $0 | $750 | $0 | $50,000 | $0 | $10,659 | $0 | $22,337 | $0 | $182,986 | $0 | $0 | $0 |
| JOHN S REDD JR | ||||||||||||||
| PRESIDENT - WASHINGTON | $84,957 | $0 | $750 | $0 | $56,604 | $0 | $9,256 | $0 | $22,599 | $0 | $174,166 | $0 | $0 | $0 |
| SCOTT R SWAIN | ||||||||||||||
| PRESIDENT - ORLANDO | $99,622 | $0 | $750 | $0 | $40,000 | $0 | $10,690 | $0 | $22,258 | $0 | $173,320 | $0 | $0 | $0 |
| MATTHEW BRYANT | ||||||||||||||
| SENIOR VP - DEVELOPMENT | $124,527 | $0 | $750 | $0 | $0 | $0 | $13,381 | $0 | $23,531 | $0 | $162,189 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | HOUSING ALLOWANCES - ANNUALLY REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE SEMINARY. TWO OFFICERS AND FOUR HIGHEST COMPENSATED EMPLOYEES RECEIVED HOUSING ALLOWANCES WHICH WERE INCLUDED IN THEIR TAXABLE COMPENSATION. | ExplanationTxt |
Schedule L IRS990ScheduleL
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $0 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN S REDD JR | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY RELATIONSHIP | RelationshipDescriptionTxt |
| Transaction | $169,776 | TransactionAmt |
| Transaction | SEE PART V | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE (1), COLUMN (B): | Relationship between interested person and the organization: John S. Redd, Jr is the son of J. Scott Redd, Sr., board member. |
| Part IV, Line (1), Column (d): | Description of transaction: Compensation was paid to a family member of a board member in excess of $10,000. |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 19 | ContributionCnt |
| Noncash Contributions Rpt F990 | $212,472 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV AT TIME OF GIFT | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE M, PART 1, LINE 9, COLUMN B | THE AMOUNT REPORTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. |
| SCHEDULE M, PART I, LINE 32B | THE SEMINARY USES THIRD-PARTY REALTORS TO MARKET AND SELL DONATED LAND. THE SEMINARY ALSO USES AN INVESTMENT BROKER TO SELL PUBLICLY TRADED SECURITIES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B: | A MEETING IS HELD BY THE AUDIT/FINANCE COMMITTEE OF THE SEMINARY TO ALLOW COMMITTEE MEMBERS TO DISCUSS THE RETURN AND ASK ANY QUESTIONS. AFTER DISCUSSION/REVISIONS HAVE OCCURRED, THE RETURNS ARE RECOMMENDED TO THE EXECUTIVE COMMITTEE FOR REIVEW AND APPROVAL TO BE FILED. THE FORM 990 IS ALSO PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C: | THE FULL BOARD OF TRUSTEES AND OFFICERS OF THE SEMINARY ON AN ANNUAL BASIS DISCLOSE RELATED PARTY TRANSACTIONS THAT COULD GIVE RISE TO CONFLICTS. ANY TRANSACTIONS THAT ARE DISCLOSED ARE REPORTED IN THE MINUTES OF THE BOARD MEETINGS. PERSONS WITH A CONFLICT ARE PROHIBITED FROM PARTICIPATING IN THE BOARD DELIBERATIONS & DECISIONS REGARDING THE TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15A & B: | THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE TOTAL COMPENSATION OF ALL OFFICERS OF THE SEMINARY ON AN ANNUAL BASIS. THE TOTAL AVERAGE COMPENSATION FROM ANNUAL SURVEYS OF U.S. SCHOOLS THAT ARE MEMBERS OF THE ASSOCIATION OF THEOLOGICAL SCHOOLS IS USED TO DETERMINE THE REASONABLENESS OF OFFICER COMPENSATION, AS WELL AS OTHER MARKET FACTORS SUCH AS DEGREES, YEARS OF EXPERIENCE, PREVIOUS EMPLOYMENT RELATIONSHIPS, AND COMPENSATION LEVELS. |
| FORM 990, PART VI, SECTION C, LINE 19: | REFORMED THEOLOGICAL SEMINARY MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS), AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN BENEFICIAL INTERESTS IN TRUST $432,597 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REFORMED PROPERTIES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1231 REFORMATION DRIVE | AddressLine1Txt |
| City | OVIEDO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32765 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 270679756 | EIN |
| Primary Activities | REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Total Income | $214,184 | TotalIncomeAmt |
| End Of Year Assets | $1,039,964 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RTS | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| RTS FOUNDATION INC | ||||||||||
| 5422 CLINTON BLVD | JACKSON | MS | 39209 | 640918136 | FUNDRAISING | MS | 501(C)(3) | 12A | RTS | Yes (true) |
| REFORMED THEOLOGICAL SEMINARY OF FLORIDA | ||||||||||
| 1231 REFORMATION DRIVE | OVIEDO | FL | 32765 | 421647628 | THEO ED | FL | 501(C)(3) | 12A | RTS | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RTS Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $73,500 | InvolvedAmt |
| Method Of Amount Determination | FMV | MethodOfAmountDeterminationTxt |